Budget finalised, loan pre-approved – now stuck on Homes 121. I work in real estate, but for my own investment, I need honest opinions. What's the real rental yield there? Is the resale market liquid, or is the investor ratio too high? What's the long-term capital appreciation outlook?
Homes 121 by Ajnara India is a Ready to Move residential project offering 2 BHK from ₹1.06 Cr, 2.5 BHK from ₹1.06 Cr, 3 BHK from ₹1.22 Cr, 3.5 BHK from ₹1.27 Cr starting from ₹93.2 L. Spread across 12.5 acres in Sector 121, Noida, it delivers strong value with Amphitheater, Cricket Pitch, Volleyball Court, Spa, Skating Rink, and more.
The average price per sq.ft at Homes 121 in Sector 121 is ₹10.8K/sq.ft. The project has seen appreciation of 33.49% making it an attractive entry point. Prices start from ₹93.2 L for 2 BHK from ₹1.06 Cr, 2.5 BHK from ₹1.06 Cr, 3 BHK from ₹1.22 Cr, 3.5 BHK from ₹1.27 Cr.
The RERA registration number for Homes 121 by Ajnara India is UPRERAPRJ2369. You can verify the project status, approved plans, and developer credentials directly on the official state RERA website.
Under RERA, if Homes 121 by Ajnara India is delayed beyond the committed date (RERA number: UPRERAPRJ2369), buyers are entitled to full refund with interest or monthly compensation until possession is handed over.
Homes 121 by Ajnara India features Amphitheater, Cricket Pitch, Volleyball Court, Spa, Skating Rink, and more. Spread across 12.5 acres with 1,724 units in 21 towers, the project is designed to provide resort-style living for residents in Sector 121, Noida.
Comments
Totally agree with U9. High unit count is a red flag for resale liquidity. Aur market mein abhi bhi buyers cautious hain, especially after the pandemic. I'm also looking and honestly, Homes 121 doesn't excite me much for investment. It feels like a 'settled' project, not a 'growth' one. Maybe for self-use, if the price is right and you like the specific unit, but for investment, I'd explore other options like Alistonia Estate area for better future prospects. What do others think?
Bhai, U1, you work in real estate, so you know the RERA number is UPRERAPRJ2369. That's good. But the issue is not RERA, it's the market dynamics. With 1724 units, that's a huge supply. Imagine if even 10% of owners decide to sell or rent at the same time. Demand-supply imbalance is real here. I'd look for something with fewer units or in a more niche location.
Honestly, Homes 121 is okay if you're looking for immediate possession and don't mind a slightly older community. But for long-term appreciation? Not so sure. Noida extension mein abhi bhi bohot new projects aa rahe hain with better amenities and modern designs. Check out some projects near Ajayabpur, wahan growth potential zyada lagta hai.
U1, main bhi first-time buyer hoon aur Homes 121 shortlist kiya tha. Lekin jab maine wahan ke brokers se baat ki, they were pushing for quick deals, which always makes me suspicious. High investor ratio ki baat bilkul sahi lagti hai. Kya kisi ne wahan se rental income generate ki hai? Kitna mil jata hai 2BHK ka?
U5, you're right about the ROI. Also, think about the maintenance charges, property tax, and potential vacancy periods. All these eat into that ₹12-15k. It's completed since 2014, so some wear and tear would also start showing, requiring repairs. It's an old project now.
₹12-15k for a 2BHK? That's really low for a property priced at 93L minimum. My cousin gets more than that in Alpha I Greater Noida for a similar sized apartment, and that area is also quite developed. Homes 121 seems a bit overpriced for that yield.
Haan, U4, I have a friend who owns a 2BHK there. He told me he gets around ₹12-15k for a semi-furnished unit. Not bad, but considering the initial investment, ROI isn't great. Also, finding good tenants takes time. He even considered selling it last year but offers were too low.
Homes 121 ke baare mein genuine opinions chahiye! Budget finalised, loan pre-approved – ab bas project choose karna hai. Main real estate mein kaam karta hoon, but apne investment ke liye I need honest opinions. What's the real rental yield there? Is the resale market liquid, or is the investor ratio too high? Long-term capital appreciation ka kya scene hai? Builders toh sab achha hi batate hain, but community ka feedback alag hota hai.
Sach bolun toh, Homes 121 mein liquidity ka issue aata hai. Jab bhi koi bechna chahta hai, market mein bahut saare options already hote hain. Price range bhi kaafi wide hai, 93L se 1.9 Cr tak, so it caters to different segments but also creates a lot of competition if you want to sell. Capital appreciation toh average hi hai, nothing spectacular.
Bhai, Homes 121 toh kaafi purana project hai, possession 2014 ka hai. Us time ke hisaab se theek tha, but ab rental yield utna promising nahi lagta. Investor ratio definitely high hai wahan, maine suna hai.